AnalysisExpert

AnalysisExpert

1. Technical Analysis • Bearish Structure Break After a strong bullish impulse in March and early April, price formed a rising wedge pattern—typically a bearish continuation structure when it follows an uptrend. Price has now broken below the wedge support and is retesting the underside of the structure. • Key Supply Zone (1.1377–1.1444) Price failed to break...

AnalysisExpert

1. Technical Analysis • Trendline + Horizontal Support A clearly defined uptrend line, drawn from the March ’24 low through the August and April pullbacks, intersects the 1.3810–1.3850 area. That same zone has flipped from support to resistance and back again over the past year, marking it as a high‑probability reversal point. • Bullish Divergence On the...

AnalysisExpert

From my previous analysis we where at the breakout point from the downtrend. We knew that we might be looking at a positive dollar and that Is what we got at the moment. But the next coming elections will be crucial to the performance of the us dollar. As the investors ruled out a hefty interest rate cut from the reserve bank, a potential rise in the dollar from...

AnalysisExpert

We have not had a clear direction for the pair since the big fall. We have been consolidating. But now we have crossed the major resistance at 193,510 and made it a solid support which means we can depend on that level for our next prediction on the direction. Currently we a looking at an uptrend meaning that we are looking at buying opportunities but only if...

AnalysisExpert

As we can see that GBPUSD has been consistant in following simple market structure. The previous week shows a significant sell-off from the pair mostly due to NFP fundamental news. The pair now reached a very strong support which was tested previously as a resistance making me confidant to say that a push to the upside could come for the next upcoming week.

AnalysisExpert

The Dollar Index finally gives us a big positive move to the upside. The chart shows us that DXY has not been direct with its direction. It has been consolidating for quite some time. But now we can finally say that DXY is looking for more buying opportunities. But failure to break the current resistance we are going to go to selling positions since we were in a...

AnalysisExpert

NZDUSD is quite a good pair to trade and a very volatile one at the same time. Its quite dependable at times on solid setups. But previously it was in a very strong bullish trend. As we know what goes up must come down eventually at some point. The pair firstly gave us a Head & Shoulder trend reversal pattern to indicate that the bullish trend is ending. The pair...

AnalysisExpert

We have been having very strong selling momentum on AUDNZD and from what I have experienced the pair most of the time does not disappoint when setups are made. We are currently looking at a down trend which has at least three touches that confirm that we have a lot of selling momentum coming in. Secondly we have formed a solid bearish flag inside the downtrend...

AnalysisExpert

Eurusd has been in a very strong bullish momentum but now we see that sellers might be in control. -We have a double top reversal pattern -A breakout from our bullish trend -A retest from our double top neckline showing us that we should expect sells Therefore we are going to have sell for the rest of the week from a technical point.

AnalysisExpert

GBPCAD has always given us proper setups and follows market structure. Previous price action of this pair tells us that its setups are always clear to where its next direction will be. And previously we were in a bullish trend and we reached a very strong resistance zone a with strong momentum of being bearish. We might be going for sells for the rest of the...

AnalysisExpert

For the past week USDJPY has been playing at one place between 149.000 and 149.900 with no direct movement in weather it is going to be bullish or bearish. But for now between this consolidation period we might sell as we have formed a bearish trend which has reached it resistance zone Vertically and Horizontally making our selling opportunities more solid for...

AnalysisExpert

For the previous weeks USDCAD has been selling crazy. Mostly due to the decline of the US Dollar. But it recently reached a very strong support zone and previous responses to this support shows that we are looking for a bullish reversal pattern to confirm those buys to the upside.

AnalysisExpert

This is a good trade for buys as I think bullish momentum is to come with a strong impulse move -The pair gave us a Head & Shoulder bullish reversal pattern that tells us the buyers are in control of the market now. -As the market respected the H&S it went to a strong resistance at 1.76150 and crossed it and came back to retest the previous resistance and...

AnalysisExpert

GBPUSD sold the couple of weeks ago but changed the direction. Now we hoping to profit from it. The pair broke out downtrend resistance and with patients it came back to give us the retest to confirm that buyers are in control. Possible bullish momentum to come in the upcoming weeks.

AnalysisExpert

Last week EURGBP failed to buy. It fell to our support to get more momentum to push up. The support gave us three touches and went back up to the resistance at 0.84300 and crossed our neck line to confirm the double bottom. It then came back to retest the previous resistance making it a support to confirm the bullish momentum.

AnalysisExpert

We have been having a lot of buying momentum on EURJPY for the past few weeks. The weak Yen gave Euro enough strength to push up and make new highs. We can expect more buying momentum from EURJPY as it has been consistent in being a long term bullish pair. But when something goes up eventually it will go down. With the strong bullish momentum the market needed to...

AnalysisExpert

The last few week the EURO has been positive causing the EURCHF to buy and cross the resistance at 0.96800 and also making it a support. But the pair failed to make more buying opportunities and we therefor fell back to 0.96800 and broke bellow and the also came back to retest the resistance The pair made a double top pattern for more clarity on its selling...

AnalysisExpert

EURUSD reached a very strong resistance zone at 1.08950 and lost momentum. With a reversal Head & Shoulder pattern the pair changed direction and gave us a good selling opportunity. With a steady Dollar we could expect a sell on EURUSD and GBPUSD for the rest of the week. The expectation of Trumps presidency has resulted in some strength in the dollar as...